REGISTERED NUMBER: SC196876 (Scotland)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Bishopmill Pharmacy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Smith

Mrs J Smith

SECRETARY:

REGISTERED OFFICE:

6 Kennedy Place

Bishopmill

Elgin

MORAY

IV30 4EL

REGISTERED NUMBER:

SC196876 (Scotland)

ACCOUNTANTS:

Stag Accountancy & Tax Services

6 Kintrae Rise

Elgin

MORAY

IV30 5ND

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

58,882

49,740

Investments

6

-

9,507

58,882

59,247

CURRENT ASSETS

Stocks

86,348

80,867

Debtors

7

855,675

835,452

Cash at bank and in hand

512,883

626,828

1,454,906

1,543,147

CREDITORS

Amounts falling due within one year

8

827,455

986,974

NET CURRENT ASSETS

627,451

556,173

TOTAL ASSETS LESS CURRENT LIABILITIES

686,333

615,420

CAPITAL AND RESERVES

Called up share capital

50,125

50,125

Share premium

600

600

Retained earnings

635,608

564,695

686,333

615,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

A Smith - Director

1.	STATUTORY INFORMATION

Bishopmill Pharmacy Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

266,122

AMORTISATION

At 1 November 2024

and 31 October 2025

266,122

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

122,718

199,354

322,072

Additions

-

24,851

24,851

At 31 October 2025

122,718

224,205

346,923

DEPRECIATION

At 1 November 2024

82,465

189,867

272,332

Charge for year

5,155

10,554

15,709

At 31 October 2025

87,620

200,421

288,041

NET BOOK VALUE

At 31 October 2025

35,098

23,784

58,882

At 31 October 2024

40,253

9,487

49,740

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

9,507

Disposals

(9,507

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

9,507

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

207,013

207,553

Other debtors

648,662

627,899

855,675

835,452

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

2,810

Trade creditors

221,201

230,944

Taxation and social security

33,984

99,596

Other creditors

572,270

653,624

827,455

986,974